Often called "the fifth BRIC nation", Mexico is a major emerging economy. But the country is also plagued by rampant criminal organizations. The deadly fighting between government forces and the heavily armed gangsters of the drug cartels is growing dimensions like a civil war.

Headlines Around the Web

BP experiences contrasting fortunes

May 04 - Financial Times

BP succeeds in delaying damages trial

May 03 - Financial Times

BP profits undershoot expectations

May 01 - Financial Times

Articles About Mexico

Carlos Fuentes, Mexican Novelist, Dies At 83

By Reuters

Carlos Fuentes, one of Latin America's most eloquent and widely read authors and a fierce critic of governments, has died after a literary career spanning more than five decades. He was 83. (5:25 pm)

MORE TOPICS: TWITTER, ARGENTINA, ELECTIONS, LONDON

IBM helps oil companies manage gusher of data

By Reuters

IBM thinks it can make geologists and engineers more effective at mining the fast-growing wealth of data on everything from oil reservoirs to refineries to help them find, extract and process oil. (5:14 pm)

MORE TOPICS: IBM, CHEVRON, CALIFORNIA, TWITTER, NEW YORK, MANAGEMENT

BP Deepwater Horizon Disaster
Former BP Engineer Says Evidence Will Absolve Him Of Criminal Charges In Gulf Disaster

By IBTimes

Kurt Mix, the former BP engineer arrested for deleting messages revealing how much oil was really seeping from the stricken Deepwater Horizon well in 2010, said evidence not yet submitted to federal investigators will absolve him of all criminal charges. (4:58 pm)

MORE TOPICS: COURT, SETTLEMENT

The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four sites that make up the country's oil reserve.
Petroleum Trade Group Offers Energy Policy Tips To Both Parties

By IBTimes

In a joint presentation to both Republican and Democratic party platform committees, the American Petroleum Institute, the largest petroleum industry-backed trade group, released a series of recommendations it would like to see implemented by the next presidential administration. (2:46 pm)

MORE TOPICS: NEW YORK, INVESTMENT

The Energy Report - Can Germany Save the Oil Market?

By PFG Best

Germany may have kept the euro zone out of a technical recession but is their growth going to be enough to stop oil's gritty abatement? The country whose basic economic principles are being abandoned by France and Greece saw its economy blow awa... (9:54 am)

MORE TOPICS: GOLD, GERMANY, ELECTIONS

Tropical Storms
Two Pre-Season Storms Eyed in Atlantic, Pacific oceans, Could Cause Damages to Gas, Oil Projects in Gulf of Mexico

By IBTimes AU

Natural gas and oil development projects near the Atlantic Ocean, particularly in the Gulf of Mexico, could be facing potential damages in the coming months with the onset of the rainy season. (May 15)

MORE TOPICS: STORM, OIL SPILL

Coty withdraws $10.7 bln offer to buy Avon

By Reuters

Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March. (May 15)

MORE TOPICS: RUSSIA, NEW YORK, MANAGEMENT

Coty withdraws $10.7 billion offer to buy Avon

By Reuters

Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March. (May 14)

MORE TOPICS: RUSSIA, NEW YORK, MANAGEMENT

Francois Hollande
Watch Out for These Economic News This Week: May 14- 18

By Economy Watch

A quick preview of the key economic events for the upcoming week! (May 14)

MORE TOPICS: CHINA, BARACK OBAMA, BEN BERNANKE, PAKISTAN, UNITED ARAB EMIRATES, EUROPEAN CENTRAL BANK

Ally aims to end mortgage woes with ResCap filing

By Reuters

Ally Financial Inc's mortgage unit filed for bankruptcy protection on Monday, and the former in-house financing arm for General Motors Co also said it will sell some international operations to help set it on a path to repaying $12 billion in U.S. government bailout money. (May 14)

MORE TOPICS: GENERAL MOTORS, BANK OF AMERICA, BARCLAYS, COURT, NEW YORK, MANAGEMENT

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